Precious Metals

Gold climbs Rs 10, silver up Rs 100; yellow metal trading at Rs 79,650

The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Bangalore, Chennai, and Hyderabad at Rs 79,650.

Silver may get dragged down with industrial metals; Dip buying preferred

Silver is expected to trade with a positive bias in near-term on the US presidential election uncertainties, healthy ETF inflows, and strong demand in India amid geopolitical tensions

Gold prices rise Rs 250 to hit fresh all-time high of Rs 78,700 per 10g

The precious metal had settled at Rs 78,450 per 10 grams in the previous close on Friday

How to trade Gold ahead of US Fed's policy move? Check trading strategy

Spot gold was trading with a loss of around 0.45 per cent at $2,570 at the time of the MCX closing. The MCX October gold contract closed at Rs 73,150 (LTP), down 0.49 per cent.

Silver Trading Strategy: 50bps cut could help Silver clear Rs 90,400 hurdle

Silver price outlook by Sharekhan: Silver has got many supporting factors to push it higher as the Fed begins slashing rates.

Credit Agricole CIB chooses carbon trading over precious metals: Report

Flight restrictions and precious metal refinery closures in early 2020 created worries that traders would not be able to move gold to the United States in time to deliver against futures contracts

US Fed rate cut: MCX Gold eyes new high; Silver can zoom to Rs 1,00,000

Technical charts suggest that the bias for Gold is likely to remain positive as long as Rs 73,100 holds; while in case of Silver the bullish pivot stands at Rs 89,000.

Paris Olympics 2024: Gold, Sensex dazzle since Tokyo 2021 games, CLSA says

Gold prices, CLSA said, have risen from $1,806 per ounce (oz) since Tokyo Olympics 2020 began on July 23, 2021 to $2,387/oz at the start of Paris Olympics 2024 on July 26

India-UAE trade pact: GTRI expresses concerns over precious metal imports

Think tank GTRI on Tuesday expressed serious concerns over spurt in import of precious metals from the UAE under a free trade agreement and demanded an investigation as it is impacting domestic jewellery industry and leading to potential annual revenue loss. The Global Trade Research Initiative (GTRI) said that by addressing these issues, authorities can ensure the integrity of import practices, safeguard domestic industries, and prevent significant revenue losses. Seeking an urgent review of the agreement, it said the India-UAE comprehensive economic partnership agreement (CEPA) allows unlimited imports of gold, silver, platinum, and diamonds from the UAE into India with zero tariffs in the coming years. This will lead to significant "annual revenue losses, move import business from banks to a few private traders, and replace top suppliers with Dubai-based firms," it said in its report. "The zero-tariff policy under CEPA is projected to cause an annual revenue loss of Rs 63,375 cr

Gold has major resistance at 74,500, buy the dips in near-term: Sharekhan

The metal was changing hands at $2381 at the time of the MCX closing, which is down 0.20 per cent from Wednesday's closing level

Gold price slips Rs 10 to Rs 73,680, silver falls Rs 100 to Rs 85,400

The price of 22-carat gold also dipped Rs 10, with the yellow metal selling at Rs 67,540

Gold price dips Rs 10 to Rs 74,230, silver falls Rs 100 to Rs 86,400

The price of 22-carat gold also dipped Rs 10, with the yellow metal selling at Rs 68,040

Gold price slips Rs 10 to Rs 74,120, silver falls Rs 100 to Rs 86,400

The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad, at Rs 74,120

Gold price rises Rs 10 to Rs 73,320, silver climbs Rs 100 to Rs 86,600

The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad, at Rs 73,160

Exploring investment in silver? Here're 5 popular methods with pros & cons

During economic uncertainties, investors often turn to precious metals like silver to safeguard their wealth

Why are gold prices rising? Chris Wood of Jefferies explains

China's official gold reserves, Wood said, have increased by 314 tonnes, or 16.1 per cent, from 1,948 tonnes at the end of October 2022 to 2,262 tonnes at the end of March 2024

Gold up Rs 10, silver jumps Rs 100; yellow metal trading at Rs 71,630

The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad, at Rs 71,630

Gold price slips Rs 10 to Rs 71,280, silver falls Rs 100 to Rs 83,400

The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad, at Rs 71,280

Gold and Silver can rally up to 10% on MCX, show charts

The MCX Gold futures have gained 4 per cent and Silver 6.5 per cent so far in March on hopes of interest rate cuts in the US. Chart suggests that positive bias shall prevail in the near-term.

Gold slips Rs 10, silver dips Rs 100; precious metal trading at Rs 64,080

The price of 22-carat gold also slipped Rs 10 with the yellow metal selling at Rs 58,740